Markets opened higher; Indiabulls Housing Finance top Nifty gainer

Indian Indices:

Equity benchmarks extended gains on Tuesday as the Sensex opened higher by more than 150 points and the Nifty reclaimed its 9250 level, backed by Reliance Industries. Positive Asian cues also aided the rally.

The 30-share BSE Sensex was up 171.05 points at 29,826.89 and the 50-share NSE Nifty gained 48.85 points at 9266.80. Nifty Bank opened at record high. BSE Sensex opened higher by 170 points at 29825, while the Nifty50 opened higher by 56 points at the 9273 mark.

There are 985 advances, 694 declines and 95 unchanged stocks on NSE reflecting strong positive bias floating in the market. The rupee opened at 64.42 per dollar higher by 2 paise.

Global Market:

Asian equities were steady on Tuesday and the euro retained gains as markets' euphoria over a centrist victory in the first round of the French presidential election subsided, though near-term investor sentiment remains positive.

Equities held in the green in Asia following the global relief rally after the first round of France's presidential election stoked a relief rally, with several regional markets jumping to multi-year highs.

U.S. Stocks rallied on Monday and main indexes posted their largest one-day gains since March 1. The Dow Jones Industrial Average advanced 216 points to 20,764. The Nasdaq Composite Index surged 73 points to 5,984, an all-time high. The S&P 500 gained 25 points at 2,374.

Major Headlines of the day:

PNC Infra says financial closure for the project 'four laning / two laning with paved shoulders from 0.00 km to 83.453 km of Dausa-Lalsot-Kauthun section of NH-11 A

JM Financial to buyback of upto 10 percent of equity capital.

Strides Shasun announces completion of US FDA inspection at the API facility of the company at Cuddalore with zero 483 observations

Trend in FII flows: The FIIs were net buyers of Rs  -279.55  the cash segment on Monday while the DIIs were net sellers of Rs 984.17 as per the provisional figures.

UPCOMING RESULTS: M&MFIN, PERSISTENT, ZENSARTECH,  AXIS BANK,  LICHSGFIN, CANFIN HOMES,  WIPRO

Securities in Ban For Trade Date 25-APR-2017:  

1.HDIL

2.IBREALEST

3.INFIBEAM

4.JINDALSTEL

5.JPASSOCIAT

6.JSWENERGY

7.ORIENTBANK

8.RCOM

9.TV18BRDCST

10.UJJIVAN

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

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